Standard Motor Products Net Income 2024

Standard Motor Products Net Income

66.24 M USD

Standard Motor Products Dividend yield

3.85 %

Ticker

SMP

ISIN

US8536661056

WKN

855022

In 2024, Standard Motor Products's profit amounted to 66.24 M USD, a 93.97% increase from the 34.15 M USD profit recorded in the previous year.

The Standard Motor Products Net Income history

YEARNET INCOME (undefined USD)
2025e76.4
2024e66.24
202334.15
202255.35
202190.89
202057.4
201957.9
201843
201738
201660.4
201546
201443
201351.5
201241.4
201162.4
201022
20093.5
2008-22.9
20072.3
20069.4
2005-3.5
2004-14.4

Standard Motor Products Aktienanalyse

What does Standard Motor Products do?

Standard Motor Products Inc (SMP) is a leading company in the automotive industry that focuses on the development, manufacturing, and distribution of replacement parts for vehicle systems. The company was founded in 1919 by Elias Fife and has undergone many changes since then. The company's beginnings were humble, but it has proven to be extremely innovative and quickly produced high-quality products. Originally founded as a distributor of car parts for the New York area, the company has expanded over the years and now offers a wide range of products for the national and international market. SMP's business model is based on the production of a wide range of automotive replacement parts that are supplied to repair shops, wholesalers, retailers, and large automakers. The company also has a strong commitment to research and development and constantly strives to deliver innovative products and solutions for the automotive industry. SMP specializes in a wide range of products including electronic systems, engine and drivetrain systems, fuel systems, interior and body components, as well as sensors and accessories. SMP's products also include various types of switches, sensors, and other electronic components that are essential for the safety and performance of vehicles. The different divisions of the company include the manufacture and distribution of electronic systems, fuel systems, engine and drivetrain systems, as well as body and interior components. Within these divisions, SMP offers a comprehensive range of products including clutches, spark plugs, brake cylinders, filters, switches, assemblies, valves, housings, and much more. The company is headquartered in Long Island City, New York, and has a strong presence in retail stores and workshops throughout the country. SMP also has branches and distribution partners in Europe, South America, and Asia. SMP is a public company traded on the New York Stock Exchange. The company is also part of the S&P 600 Small Cap Index. In summary, Standard Motor Products Inc is a company specialized in the development, manufacturing, and distribution of replacement parts for vehicle systems. The company has proven to be innovative and high-quality, offering a wide range of products including electronic systems, engine and drivetrain systems, fuel systems, interior and body components, as well as sensors and accessories. SMP is based in Long Island City, New York, and has branches and distribution partners in Europe, South America, and Asia. The company is publicly traded on the New York Stock Exchange. Standard Motor Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Standard Motor Products's Profit Margins

The profit margins of Standard Motor Products represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Standard Motor Products's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Standard Motor Products's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Standard Motor Products's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Standard Motor Products’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Standard Motor Products Stock

How much profit has Standard Motor Products made this year?

Standard Motor Products has made 66.24 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 93.97% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Standard Motor Products publish its earnings?

Standard Motor Products publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Standard Motor Products?

The profits of Standard Motor Products are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Standard Motor Products?

You can learn more about the earnings of Standard Motor Products by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Standard Motor Products pay?

Over the past 12 months, Standard Motor Products paid a dividend of 1.16 USD . This corresponds to a dividend yield of about 3.85 %. For the coming 12 months, Standard Motor Products is expected to pay a dividend of 1.23 USD.

What is the dividend yield of Standard Motor Products?

The current dividend yield of Standard Motor Products is 3.85 %.

When does Standard Motor Products pay dividends?

Standard Motor Products pays a quarterly dividend. This is distributed in the months of October, December, March, July.

How secure is the dividend of Standard Motor Products?

Standard Motor Products paid dividends every year for the past 16 years.

What is the dividend of Standard Motor Products?

For the upcoming 12 months, dividends amounting to 1.23 USD are expected. This corresponds to a dividend yield of 4.08 %.

In which sector is Standard Motor Products located?

Standard Motor Products is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Standard Motor Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Standard Motor Products from 6/3/2024 amounting to 0.29 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Standard Motor Products pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of Standard Motor Products in the year 2023?

In the year 2023, Standard Motor Products distributed 1.08 USD as dividends.

In which currency does Standard Motor Products pay out the dividend?

The dividends of Standard Motor Products are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Standard Motor Products

Our stock analysis for Standard Motor Products Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Standard Motor Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.